With the earnings season kicking off, it's essential to keep an eye on what's moving to adjust your portfolio or uncover new opportunities. Using Trading Central's Market Buzz and exploring the Top Buzzing ranking to spot premarket movers, we've identified Johnson & Johnson as an interesting choice.
TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 158 mentions.
Overall mentions represent the number of publications in the past 24 hours that mention the subject, along with a descriptor indicating how it compares to the 7-day average.
In the Most Discussed Topics widget, we find 'Earnings Announcement'. Let’s click it to see why the stock is buzzing.
Looking at the News Feed we can see that the health care products company, posted quarterly earnings that topped expectations.
On the sentiment side, the orientation of the news headlines is signaling a bullish sentiment signal, as the sentiment score is positive (63).
Moreover, the sentiment score is supported by an average Confidence Index reading, while the Subjectivity widget is marked as “Low”.
Regarding technical analysis, from a daily point of view, the stock is jumping. Trading Central Technical Views sees a support at $149.70 with upside targets at $168.00 and $176.00.
Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.
.png)
.png)
